Democracy & Technology Blog Memorable comments
On deregulation:
“It is ironic that cellphone service is widely available at low cost [in India] because it was regarded as a luxury and therefore left to the market, while electricity is hard to obtain because it has been regarded as a necessity and therefore managed by the government.”
–Former Council of Economic Advisors Chairman Martin Feldstein, writing in the Wall Street Journal, Feb. 16, 2006.
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On net neutrality:
“with or without a new law, the FCC will affect the future in a major way by its approach to the question of broadband’s openness. Sometimes called net neutrality, the question of openness is multidimensional. It is hard to define and harder to answer. Chairman Martin and his colleagues have the talent, expertise, and courage to come up with the right answers on this topic.”
–Former FCC Chairman Reed Hundt, speaking at George Washington University on the 10th anniversary of the Telecommunications Act, Feb. 6, 2006.
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On video franchising:
“When there was no competition to the telephone and cable companies, local governments could tax and over-regulate both of them and use the extracted revenues for perks and to cross-subsidize consumers or finance unrelated public services. Cable television and phone companies submitted to this over-regulation and over-taxation because their government-sanctioned monopolies meant they could recover their investment by raising prices. Consumers had no choice but to pay. But cable tv and telephone companies are no longer monopolies.”
—Senator Jim DeMint (R-S.C.), at the Senate Commerce Committee hearing on local franchising, Feb. 15, 2006.